Market Value in Use is Not an Oxymoron

Volume 42, Number 7 May 15, 2018 By Kerry M. Jorgensen, MAI Special-purpose properties present some unique valuation challenges. For property tax assessments, in condemnation proceedings and even in mortgage lending, debates regarding the proper basis of a value opinion are common. A special-purpose property is, “A property with a unique physical design, special construction […]

  • Kerry M. Jorgensen, MAI

Housing Demand is About to Change – Here’s Why

Volume 42, Number 6 April 18, 2018 By Paige Mueller, CRE Research conducted by Norman Miller, Ph.D., University of San Diego; Jeffrey D. Fisher, Ph.D., Professor Emeritus of Indiana University; Paige Mueller, CRE, at Eigen 10 Advisors, LLC; and Michael Dinn, CRE, at Dinn Focused Marketing. Continued in Volume 42, Number 8: “Housing Demand and Immigration Trends”. The U.S. rental housing market has been […]

Black Swans – The Original Rara Avis

Volume 42, Number 5 March 21, 2018 By Hugh F. Kelly, PhD., CRE The subject of “event risk” has been gaining in prominence in investment planning by institutional portfolio managers.1 Weather catastrophes, earthquakes, terrorism and other events that do not fit neatly into models of portfolio risk and return have, because of stark experience, become […]

The Revolution, Part II: Revisiting Opportunity in the Small Town

Volume 42, Number 3 February 6, 2018 By Owen M. Beitsch, Ph.D., CRE, and Tom Kohler In 2014, Real Estate Issues included a review of The Metropolitan Revolution: How Cities and Metros are Fixing our Broken Politics and Fragile Economy by Bruce Katz and Jennifer Bradley. 1 The lessons outlined remain prescient, especially for the development community seeking new […]

Fundamentals: Cybersecurity Oversight and Strategy for Commercial Real Estate

Volume 42, Number 2  January 23, 2018 By Marie-Noëlle Brisson, CRE, and Michael Savoie, Ph.D. Photo: vs148 and zhekoss/ Continued in Volume 42, Number 10 and Volume 43, Number 1. Fundamentals of Cybersecurity Oversight and Risk Management Anyone who deals with large amounts of data, especially from multiple sources, is vulnerable to the various attacks we […]

Industry Legends: Ray Torto, Ph.D., CRE

Volume 42, Number 1 November 27, 2017 Interviewer: Steve Felix Co-Founder and Partner Felix / Weiner Consulting Group New York, New York Interviewee: Ray Torto, Ph.D., CRE Lecturer Harvard Graduate School of Design Cambridge, Massachusetts Felix:  Ray, how did you get started in the commercial real estate industry? Torto: It was a little bit of a […]

Editor’s Note – Global Cities Issue

Change — like death and taxes — is certain and inevitable, so much so that it is even a fundamental premise of economic and valuation theory. Although no one has a crystal ball, it is, nonetheless, important to be able to predict the future as it is the foresight and anticipation of what is to […]

Keynote Address with Chip Conley

Speaker: Chip Conley Head of Global Hospitality & Strategy, Airbnb Moderator: Elizabeth Youngblood Lambird Executive Director, Stanford SPIRE “Dramatic disruption in the hospitality business” is what Chip Conley, Head of Global Hospitality & Strategy described as the cause and the effect of his company, Airbnb, when he spoke to the Global Cities in an Era […]

Keynote Address with Luís Bettencourt, Ph.D.

Speaker: Luís Bettencourt, Ph.D. Professor of Complex Systems, Santa Fe Institute Introduction: Howard C. Gelbtuch, CRE Principal, Greenwich Realty Advisors, Inc. Dr. LuÍs M.A. Bettencourt is Professor of Complex Systems at the Santa Fe Institute (SFI) in New Mexico. His academic background is in theoretical physics, but he has done significant work on economics and […]

The Counselors of Real Estate®, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide expert, objective advice on complex real property situations and land-related matters. Membership is selective, extended by invitation only. The organization’s CRE® (Counselor of Real Estate) credential is granted to all members in recognition of superior problem solving ability in various areas of real estate counseling. For more information, contact The Counselors of Real Estate